Negative equity remains one of the biggest challenges for the housing market. For some borrowers it can become their rationale to stop making mortgage payments and intentionally default on the loan. The risk of such strategic default is rising among loans that have “always performed,” according to the credit analysts at Moody’s Analytics. They say …
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Greg Rand, a 20-year real estate veteran and CEO of OwnAmerica, says now is the time to invest in real estate. Rand compares the current market to the years following the Great Depression when market conditions sparked a boom that sustained 65 years of appreciation in real estate. “This economic crisis, while similar to the …
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Home prices in the United States have declined for two months in a row, according to CoreLogic’s market index, after rising for the first seven months of the year. The latest CoreLogic Home Price Index (HPI) shows that national home prices, including distressed sales, declined 2.79 percent in September 2010 when compared to September 2009. …
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Most homeowners who are considering selling consider making a few home improvements, with the hope that those upgrades will attract both buyers and a better payback. But what home improvements (such as a kitchen remodel, new front door, or wood floors) offer the best payback on investment when you are trying to sell? It really …